VOT vs XLI: Holdings Overlap
VOTVanguard Mid-cap Growth Index Fund
Vanguard · 130 holdings · $19.9B · as of 2026-03-31
XLIState Street® Industrial Select Sector SPDR® ETF
State Street (SPDR) · 83 holdings · $34.2B · as of 2026-08-06
Holdings snapshots are 128 days apart (VOT: 2026-03-31, XLI: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are VOT and XLI?
Vanguard Mid-cap Growth Index Fund (VOT, by Vanguard) holds 130 positions; State Street® Industrial Select Sector SPDR® ETF (XLI, by State Street (SPDR)) holds 83. They have 22 holdings in common, and by portfolio weight the two funds are 16.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 16.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22VOT holds 130 · XLI holds 83
- Weight in Shared Holdings
- VOT 22%·XLI 18%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in VOT
108 of 130 positions (78.0% of the fund) are not held by XLI. Showing the top 30 by weight.
Sector Breakdown
| Sector | VOT | XLI |
|---|---|---|
| Industrials | 25.1% | 99.9% |
| Information Technology | 22.5% | 0.0% |
| Consumer Discretionary | 15.2% | 0.0% |
| Health Care | 10.5% | 0.0% |
| Financials | 8.5% | 0.0% |
| Other Sectors | 18.1% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VOT | +1.9% | +10.1% | +7.1% | +14.7% | +5.4% | +11.9% | 0.59% |
| XLI | +1.5% | +20.0% | +24.5% | +20.8% | +14.0% | +14.2% | 1.11% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in VOT vs XLI →
Shared Holdings(22)
The top 10 shared positions account for 70% of the overlap, led by HWM, VRT and PWR.
 HWMHowmet Aerospace Inc COM | 2.40% | 1.99% | 1.99% |
|---|---|---|---|
 VRTVertiv Holdings Co., Class A | 2.49% | 1.82% | 1.82% |
 PWRQuanta Services, Inc. COM | 2.14% | 1.73% | 1.73% |
 TDGTransdigm Group Inc. COM | 1.70% | 1.22% | 1.22% |
 FASTFastenal Co. COM | 1.39% | 1.00% | 1.00% |
 AMEAmetek, Inc. COM | 1.28% | 0.99% | 0.99% |
 GWWW.w. Grainger Inc. COM | 1.28% | 0.96% | 0.96% |
 CTASCintas Corporation COM | 0.75% | 1.18% | 0.75% |
 AXONAxon Enterprise Inc COM | 0.84% | 0.72% | 0.72% |
 PAYXPaychex Inc COM | 0.77% | 0.67% | 0.67% |
 ODFLOld Dominion Freight Line Inc. COM | 0.95% | 0.67% | 0.67% |
 FIXComfort Systems USA Inc. COM | 0.63% | 1.04% | 0.63% |
 ROKRockwell Automation, Inc. COM | 0.52% | 0.85% | 0.52% |
 XYLXylem, Inc. COM | 0.76% | 0.49% | 0.49% |
 CPRTCopart Inc COM | 0.75% | 0.44% | 0.44% |
 VRSKVerisk Analytics, Inc., Class A | 0.68% | 0.43% | 0.43% |
 VLTOVeralto Corp. COM SHS | 0.54% | 0.41% | 0.41% |
 IRIngersoll Rand Inc COM | 0.41% | 0.54% | 0.41% |
 EFXEquifax Inc. COM | 0.56% | 0.36% | 0.36% |
 BRBroadridge Financial Solutions Inc. COM | 0.49% | 0.33% | 0.33% |
 ROLRollins Inc COM | 0.43% | 0.19% | 0.19% |
 HUBBHubbell Incorporated COM | 0.17% | 0.46% | 0.17% |
Frequently Asked Questions
How much do VOT and XLI overlap?
VOT and XLI overlap by 16.9% of portfolio weight. They share 22 holdings (VOT holds 130 positions and XLI holds 83), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VOT and XLI?
The two portfolios are 16.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of VOT and XLI?
The largest positions held by both funds are HWM, VRT, PWR, TDG and FAST. Together the top 10 shared positions account for 70% of the total overlap.
What does VOT own that XLI doesn't?
108 positions (78.0% of VOT) are unique to VOT, led by CEG, STX and MSI. In the other direction, 61 positions (81.5% of XLI) are unique to XLI.